stock and features of stock

 STOCK. Definition of Stocks, stock can be defined as the bundle of shares or mass of capital which can be transferred in fractional amounts. Stocks are always fully paid, e.g. stocks can be quoted per 6100 nominal value. It is a collection of shares into a bundle.

features of stock

Stocks are not issued but converted from shares issued.

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DIFFERENCES BETWEEN SHARES AND STOCK

 SharesStock
1Unit of capital is transferrable only in their entiretyMass of capital, any of which is transferable
2Shares are issuedStocks are converted from shares issused
3They are numbered seriallyStocks are not numbered serially
4Hares may be partly paidStocks are always fully paid

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